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Daily Newsletter

09 November 2023

Daily Newsletter

09 November 2023

Global wine production set for 60-year low in 2023

Wine production is set to fall 7% in 2023 compared to last year, its lowest level since 1961, according to the OIV.

Jessica Broadbent November 08 2023

Mouldy grapes on a vine in Greece. Credit: Epidavros / Shutterstock

Cognac’s principal industry body has issued a note of caution amid reports of a deal between Paris and Beijing over the price products will be sold for in China.

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Ready-to-Drink (RTD) beverages market expected to grow at a CAGR of ~5% by 2027

A virtual world involving the sale of digital assets will inevitably require cyber insurance for protection against metaverse commerce risks. Metaverse could allow insurers to expand their policies to cover risks associated with virtual activities, transactions, and assets. Currently, there is a gap in digital protection, and a growing need to cater to these risks and develop innovative insurance products and services as the metaverse develops. Virtual insurance will be needed in various areas, from property to health and travel insurance in the digital world.

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